Business News 26 January 2026 - 12 February 2026

ChampionsGate Stock Little Changed as SPAC Deal Timeline Gets Attention
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ChampionsGate Stock Little Changed as SPAC Deal Timeline Gets Attention

ChampionsGate Acquisition Corporation stock was flat in premarket trading Wednesday. The Nasdaq-listed SPAC stayed near the level investors could redeem for cash if the company doesn’t seal a merger. The stock last changed hands at $10.35, off 0.07% in the past 24 hours. TradingView data showed the market shut with no fresh trades on the tape at the time. It had a market cap near $103.4 million.
June 3, 2026
SoftBank’s OpenAI bet powers $1.6B profit as Vision Fund rebounds
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SoftBank’s OpenAI bet powers $1.6B profit as Vision Fund rebounds

SoftBank Group posted a 248.6 billion yen profit for the October-December quarter on Thursday, marking its fourth straight quarter in the black. The gain was driven largely by a strong valuation boost from its OpenAI stake, offsetting losses in other areas. This result is crucial because SoftBank’s AI drive has shifted from a mere talking point to the company’s headline story. SoftBank’s stake in OpenAI now plays a bigger role in earnings and is shaping how investors value the stock more than ever.
February 12, 2026
Smurfit WestRock stock jumps nearly 11% as SW lifts 2026 outlook and maps $7B EBITDA goal
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Smurfit WestRock stock jumps nearly 11% as SW lifts 2026 outlook and maps $7B EBITDA goal

New York, Feb 11, 2026, 14:39 EST — Regular session Shares of Smurfit WestRock plc jumped roughly 10.9% to $50.73 in Wednesday afternoon trading. The paper-based packaging firm raised its 2026 earnings forecast and rolled out new targets extending through 2030. Its packaging rivals showed mixed results: International Paper climbed about 1%, Packaging Corp of America also rose roughly 1%, but Graphic Packaging dropped around 6%. The SPDR S&P 500 ETF edged up about 0.2%.
February 11, 2026
Aptiv stock price slips as BorgWarner jumps 22% — CPI and Versigent spin are the next tests
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Aptiv stock price slips as BorgWarner jumps 22% — CPI and Versigent spin are the next tests

New York, Feb 11, 2026, 13:01 EST — Session ongoing as scheduled. Aptiv shares slipped Wednesday, lagging behind rival BorgWarner’s strong rally following its earnings report. Aptiv fell roughly 0.5% to $84.70 in early afternoon trading, swinging between $84.28 and $86.70. Meanwhile, BorgWarner surged around 22%, and Lear gained about 1%.
February 11, 2026
Tesla adds $41,990 Model Y AWD in U.S. as tax-credit hit bites
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Tesla adds $41,990 Model Y AWD in U.S. as tax-credit hit bites

Tesla has introduced a new all-wheel-drive Model Y variant in the United States priced at $41,990, according to the company’s website. The new AWD version sits above the cheaper rear-wheel-drive “Standard” model. https://www.reuters.com/business/autos-transportation/tesla-introduces-new-model-y-variant-us-priced-41990-2026-02-03/ The timing matters because the U.S. electric-vehicle market has cooled since September, after the Trump administration ended the $7,500 federal tax credit that had helped keep sticker shock down for buyers. Tesla has been leaning on price and trim changes to keep demand moving. https://za.investing.com/news/stock-market-news/tesla-introduces-new-model-y-variant-in-us-priced-at-41990-4091727
February 3, 2026
Nvidia’s $100 billion OpenAI deal goes cold as talks shift to a smaller stake
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Nvidia’s $100 billion OpenAI deal goes cold as talks shift to a smaller stake

Mexico City, 07:11, January 31, 2026 Nvidia’s plan to pour up to $100 billion into OpenAI has hit a snag, according to The Wall Street Journal on Friday. Some folks inside the chip giant have raised doubts. “We have been OpenAI’s preferred partner for the last 10 years. We look forward to continuing to work together,” an Nvidia spokesperson said. OpenAI didn’t respond immediately to requests for comment.
January 31, 2026
Nvidia pours $2B into CoreWeave as 5‑gigawatt AI data center push accelerates
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Nvidia pours $2B into CoreWeave as 5‑gigawatt AI data center push accelerates

SANTA CLARA, Calif., Jan 26, 2026, 07:09 On Monday, Nvidia poured $2 billion into CoreWeave, becoming the AI infrastructure firm’s second-largest shareholder as they ramp up efforts to expand U.S. data center capacity. The chipmaker agreed to purchase roughly 23 million shares at $87.20 each, nearly doubling its previous 6.3% stake, according to Reuters calculations using LSEG data. CoreWeave confirmed the funds will be used to acquire land and power for new facilities, explicitly not for buying Nvidia processors.
January 26, 2026
IonQ to buy SkyWater for $1.8 billion to bring quantum chipmaking in-house
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IonQ to buy SkyWater for $1.8 billion to bring quantum chipmaking in-house

Quantum computing company IonQ announced Monday it plans to acquire chipmaker SkyWater Technology for roughly $1.8 billion. The deal aims to bring semiconductor production under IonQ’s control, boosting its development of next-gen quantum processors. IonQ’s stock climbed about 4% in early trading, while SkyWater’s shares surged nearly 8%. The timing is key since building larger quantum machines is becoming more of an engineering and supply-chain challenge than just a lab issue. IonQ is banking on owning a U.S. foundry—a chip-making factory—to gain tighter control over everything from design to packaging as it ramps up projects for government and defense clients.
January 26, 2026
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